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navik [9.2K]
3 years ago
11

An engineer has a fluctuating future budget for the maintenance of a particular machine. During each of the first 5 years, $10,0

00 per year will be budgeted. During the second 5 years, the annual budget will be $15,000 per year. In addition, $5000 will be budgeted for an overhaul of the machine at the end of the fourth year, and again at the end of the eighth year. What uniform annual expenditure would be equivalent, if interest is 8% per year?

Business
1 answer:
ella [17]3 years ago
7 0

Answer

The answer and procedures of the exercise are attached in the image below.  

Explanation  

Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.  

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Each employee (on average) is equally productive, and each one's monthly sales are normally distributed with a mean of $127,000
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Answer:

0,1706

Explanation:

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The discount yield on a T-bill differs from the T-bill's bond equivalent yield (BEY) because I. the discount yield is the return
abruzzese [7]

Answer:

the base price used is the face value of the security and not the purchase price of the security and ii) a 360-day year is used. The bond equivalent yield uses a 365-day year and the purchase price, rather than the face value of the security, is used as the base price. Treasury bills are quoted on a discount yield basis.

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3 years ago
Emerald Co. uses a perpetual inventory system and records purchases of merchandise at net cost. The company recently purchased 2
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Answer:

Credit to cash for $3,000

Explanation:

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The central bank of the country Iberia recently announced a reduction in the interest rate by 150 basis points. Following this a
dmitriy555 [2]

Answer: (D.) The Iberian economy is going through a period of deflation.

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Answer:

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